Apple reaches 500-mln-euro tax settlement with France

Apple said Tuesday that it had reached an agreement with French authorities to settle 10 years of back taxes, becoming the latest US company to make a deal with France, which has led a European push for higher taxes on tech ...

More belt-tightening at VW to fund electric new start

German car giant Volkswagen said Thursday it is looking for three billion euros ($3.8 billion) in new savings to help fund its pivot towards electric vehicles, adding that it could not rule out job cuts.

Daimler profits hit by diesel scandal

German car giant Daimler reported Thursday a slump in third-quarter profits, confirming a weaker 2018 outlook as it suffered lower sales and shouldered costs for refits to polluting diesel cars.

Rising microchip-maker demand boosts ASML profits

Dutch global hi-tech bellwether ASML Wednesday posted a huge hike in second quarter profits, after the technology industry snapped up more of its sophisticated microchip-making machines than expected.

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